LogFAQs > #970349596

Don't even bother at this point unless you own a home worth a mill + or something, cause the way prices are going up and how little you get from social security, no matter how much you save you are still probably gonna be screwed by the time you turn 60 or 70, unless they drastically change things.

Seriously, especially in the last few years, they have taken it from where you can live comfortably (not great, but comfortably on $1200-$1400 a month (double social security basically), to needing almost twice that unless you want to rent a room etc.

I can't even imagine where it will be in a decade when I can get social security (if it even exists then).

At this rate renting a room is gonna be over $1k most places in the next few years, which is more than you get from SS.....so yeah, good luck saving for retirment.